GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Jun-05 07:04 CT

Price Action

Last: 401.00,
Bars: Large,
Mom: slow.

WSFG Weekly

Short-Term
WSFG Current: NA%
F0%/NTZ' Bias: Price Neutral,
WSFG Trend: Neutral.

MSFG Month Jun

Intermediate-Term
MSFG Current: NA%
F0%/NTZ' Bias: Price Neutral,
MSFG Trend: Neutral.

YSFG Year 2026

Long-Term
YSFG Current: NA%
F0%/NTZ' Bias: Price Neutral,
YSFG Trend: Neutral.

Swing Pivots

(Short-Term) 1. Pvt. Trend: DTrend,
(Intermediate-Term) 2. HiLo Trend: UTrend,
3. Pvt. Evolve: Pvt Low 399.20,
4. Pvt. Next: Pvt High 445.08,
5. Levels R: 492.15,
6. Levels S: 399.20, 380.12, 291.78, 272.58, 238.73.

Weekly Benchmarks

(Short-Term) 5 Day: 421.04 Down Trend,
(Short-Term) 10 Day: 426.68 Down Trend,
(Intermediate-Term) 20 Day: 440.40 Down Trend,
(Intermediate-Term) 55 Day: 384.68 Up Trend,
(Long-Term) 100 Day: 322.75 Up Trend,
(Long-Term) 200 Day: 252.68 Up Trend.

Overall Rating

Short-Term: Bearish,
Intermediate-Term: Bullish,
Long-Term: Bullish.

Key Insights Summary

GLD shows a strong multi-year advance with a recent sharp weekly pullback from the 490s back into the 400 area, leaving price below the short-term benchmarks while still holding well above the 55, 100, and 200 week moving averages. The pivot structure has shifted to a short-term DTrend, with the current evolve anchored at the 399.20 low and the next opposite pivot marked higher at 445.08, which keeps the larger swing structure intact even after the retracement. The 2026 yearly fib box is being tested near its lower-to-middle zone, while the broader intermediate and long-term trend remains constructive because the longer benchmarks continue to slope upward and price remains far above them. The tape reflects a pullback after an extended rally, with recent bars showing volatility compression and rejection from the prior high zone rather than a full trend breakdown. Overall, the chart reads as a short-term corrective phase inside an established long-term bull structure.